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Expandingflat

TOPGLOV may break 9.765 if with expanding flat pattern. 18/9/21TOPGLOV price could break all time high at RM9.765 as there is a based on "just 3 of the possibilities" : 1) Price of KLCI could break all time toward around 2000. TOPGLOV As a main "contributor" of KLCI index could break all time high as well. 2) Current TopGlov Price Cycle Analysis showing it's start moving up till 1st quarter of next year 3) TOPGLOV current wave structure have high probability to form an ABC (Red Circled) "Expanding Flat Pattern" .. which happened most of the time in wave b (Green)
MYX:TOPGLOV
by SteveTan
GOLD Long Term Uptrend Pullback maybe done above 1676.69. 7/9/21I have answered my own 4 questions "why" Gold may surge up to around 2100 first before moving down toward around 1570 :- 1) The Yellow Highlight Area still Look "impulsive" within "Ranging Market" as shown on a flat / no slope / none trendy daily 233 EMA.. So it's possible we're in wave B ( Red Circled) of a expanding flat pattern ABC (Red Circled) 2)Price re- bounce strongly with Pin Bar on Month of August 2021 at above Major Demand Zone & Support Line at around 1670 3) Weekly Gold Price Couldn't reach weekly 233 EMA line on its Pull Back as usual on most occasion BUT 'MAYBE" Sooner or later it will reach weekly 233 EMA at around 1570 on wave C (Red Circled) of Expanding Flat Pattern AND Finally 4) My Cycle Analysis (which couldn't shown with tradingview tools) shown Gold's cycle is moving up until early 2022
FX:XAUUSDLong
by SteveTan
1
Waiting for opportunity to trade with BTC at Key levelH1 time frame. Structure: Uptrend. When a divergence signal appears, the price starts to move down. The key level is at 48000. Wait for the price to down to this support and see how the price will do at the Key level. With the possibility that the price could form a Running Flat or Expanding Flat here, and there are buy setups and the price will continue to rise to the 50000 or 52000 zones. If the price breaks the Key level here, the next downside target will probably be the 44000 support area. At this point, we need to wait for the confirmation of the downtrend to be able to trade. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
COINBASE:BTCUSDLong
by tradafx
USDJPY Expect the down move to start Hi traders: Liking USDJPY's current price action for the potential sell. We can see after an impulse breakdown from the ascending channel, price begin to consolidate. There are a few swing highs and lows, and price isnt getting moving away from its current structure. However the latest price development, as price formed a clear recent double tops, and a bearish reversal price action on the lower time frames could give us the confirmation we need to look for sell. be on the look out for further LTF bearish continuation price action to push the price once again down to the recent lows. thank you
Short
by jojofang0901
38
GOLD maybe an expanding flat pattern on wave (B)(cyan). 28/5/21GOLD possible is forming an expanding flat pattern on wave (B)(Cyan/light blue).. Maybe now we are at wave A (yellow) first leg down of the expanding flat pattern, where price could reach @ around 1845 ( which is support/resistance flip zone and the long term down trend lines breakout zone becoming support area ) .before resuming its uptrend @ around 1950 (major supply & Resistance zone ) for wave B (yellow) and finally last leg down for wave C (yellow) @ around 1780 which is daily 200 EMA deviation and demand zone.. xyz3dtrading
FX:XAUUSD
by SteveTan
1
Expanding Structures/Patterns in Price Action AnalysisHello everyone: Welcome back to another price action structures/pattern educational video. Today I want to discuss the expanding structure that I always see in the market. These structures/patterns are a bit more advanced, as they are not so clear on whether it's a continuation or a reversal correction. Lets dig into some typical forms that I always see in the market, and discuss the possible opportunities we can get from them. Expanding structure can come in all sorts of sizes and shapes. They are not the typical channel, flag, pennant/triangle, Head and Shoulder that we usually encounter. The key here is to identify them and observe if we are going to get trend continuations, or trend reversal after the correction finished. Any questions, comments or feedback welcome to let me know below. I will include all other types of price action structures/corrections that I have discussed in the past below, for everyone’s references. Thank you Jojo Impulse VS Correction Continuation and Reversal Correction Multi-time frame analysis Continuation Bull/Bear Flag Reversal Ascending/Descending Channel Reversal Double Top/Bottom Reversal Head & Shoulder Pattern Reversal “M” and “W” style pattern Reversal Impulse Price Action
BITSTAMP:BTCUSDEducation
by jojofang0901
41